July 17, 2025
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48:29Now PlayingChuck Todd is joined by former FTC Chair Lina Khan to reflect on her transformative tenure leading the Federal Trade Commission and the critical battles she fought against corporate monopolization. Khan discusses how the concentration of corporate power today mirrors the early 20th century, exploring whether capitalism itself is failing as tech giants like Google and Amazon wield unprecedented control over commerce, media distribution, and information flow. She delves into the surveillance economy that has emerged from companies monetizing user data, the regulatory challenges posed by AI development, and controversial practices like surveillance pricing and non-compete agreements that trap both consumers and workers.
Khan also addresses the structural limitations of the FTC, noting how the agency is too small for its ambitious mission, while highlighting unexpected bipartisan support from the populist right for her antitrust work. The conversation covers her efforts to tackle everything from pharmacy benefit managers and subscription cancellation difficulties to the urgent need for algorithm regulation, particularly for content affecting children. As she prepares to leave the FTC, Khan reflects on the media's focus on markets rather than the broader economy, the ongoing fight for data privacy rights, and the "ferocious pushback" lawmakers face when challenging powerful corporate interests, offering practical advice for consumers seeking to protect their privacy in an increasingly surveilled digital landscape.
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